This content collected from Boston News, Weather, Sports | WHDH 7News.
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from Boston News, Weather, Sports | WHDH 7News
Source: https://whdh.com/news/powell-plans-to-stay-on-at-fed-after-his-term-as-chair-ends-citing-legal-actions-by-administration/
WASHINGTON (AP) — Jerome Powell says he plans to remain on the board of the Federal Reserve after his term as chair ends next month “for an undetermined period of time.” He cited the recent legal actions taken by the Trump administration against the Fed as his reason for staying on. The Fed Wednesday left its benchmark interest rate unchanged for the third straight meeting but signaled it could still cut rates in the coming months, moves that attracted the most dissents since October 1992. The Senate Banking Committee earlier approved Powell’s successor as chair, Trump appointee Kevin Warsh, on a party-line vote.
Bangla Zoom is most popular bangladeshi website. We are working with bengali news, english news headlines, bangla blog tips, bangla health tips, entertainmnet and more bangla helpful tips.
from Boston News, Weather, Sports | WHDH 7News
Source: https://whdh.com/news/powell-plans-to-stay-on-at-fed-after-his-term-as-chair-ends-citing-legal-actions-by-administration/
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